In which branches can the insurers receive an administrative approval?

In which branches can the insurers receive an administrative approval?

Accreditation of the insurers insurers are governed by separate legislative texts according to the nature of their society. Let's remember that :
- the regulation of insurance companies (anonymous companies and mutual insurance companies) is set out in the Insurance Code
- The regulation of mutuals is explained in the code of mutuality
- The regulations of the provident institutions is set out in the Social Security Code.
The branches of the assurance where the insurance companies can be issued an administrative approval

Article L321-1 of the Insurance Code stipulates:

"The companies mentioned in 1 ° of Article L. 310-2 can only begin their operations after obtaining an administrative approval issued by the Prudential Supervisory Authority referred to in Article L. 612-1 of the Code monetary and financial. However, with regard to reinsurance acceptance operations, this approval is not required.

Accreditation is granted at the request of the company for operations of one or more branches of insurance. The company can only practice the operations for which it is approved. »

Approval of a quote assurance company clearly shows:

1) That it is up to the company to take the application for an appointment with the supervisory body responsible for issuing administrative approval (the Prudential Supervisory Authority (ACP) since the beginning of 2010)

(2) That the enterprise can provide insurance benefits only if they have been embellished in the branches and sub-branches of the insurance in which it is legally authorized to operate and for which it has made a Application for an accusation.

The branches and sub-branches in which an insurance company is authorized to practice are mentioned in detail in Article R321-1 of the Insurance Code. Here are the branches and sub-branches in which an insurance company is legally authorized to receive the accomodation:

1. Accidents (including work accidents and occupational diseases):
a) lump sum services;
(b) indemnity services;
c) combinations;
d) people transported.

2. DISEASE:
a) lump sum services;
(b) indemnity services;
c) combinations.

3. Corps of land vehicles (other than railway):
Any damage suffered by:
a) Terrestrial motor vehicles;
b) non-self-propelled land vehicles.

4. Corps of railway vehicles:
Any damage suffered by railway vehicles.

5. Air vehicle body:
Any damage suffered by air vehicles.

6. Body of maritime vehicles, lakes and river:
Any damage suffered by:
a) river vehicles;
(b) lake vehicles;
c) Maritime vehicles.

7. Goods transported (including goods, luggage and all other goods):
Any damage suffered by the goods transported or luggage, regardless of the means of transport.

8. Fire and Natural Elements:
Any damage suffered by property (other than property included in branches 3, 4, 5, 6 and 7) when it is caused by:
a) fire;
(b) explosion;
c) Storm;
d) natural elements other than the storm;
e) nuclear energy;
f) Field sag.

9. Other property damage:
Any damage suffered by property (other than property included in branches 3, 4, 5, 6 and 7) when this damage is caused by hail or jelly, as well as by any event, such as theft, other than those included in the branch 8.

10. Civil liability self-propelled land vehicles:
Any liability resulting from the use of self-propelled land vehicles (including the liability of the carrier).

11. Civil liability Aerial vehicles:
Any liability resulting from the use of air vehicles (including the liability of the carrier).

12. Civil liability Maritime vehicles, lakes and river:
Any liability resulting from the use of river, lakes and maritime vehicles (including the liability of the carrier).

13. General liability:
Any liability other than those mentioned under numbers 10, 11 and 12.

14. Credit:
a) General insolvency;
(b) export credit;
(c) Temperament sale;
d) mortgage credit;
e) Crédit Agricole.

15. Deposit:
a) direct deposit;
b) Indirect deposit.

16. Various pecuniary losses:
(a) employment risks;
(b) Insufficient (general) revenue;
c) bad weather;
d) losses of benefits;
(e) persistence of overheads;
f) unforeseen commercial expenditures;
g) Loss of market value;
h) losses of rents or income;
(i) indirect trade losses other than those mentioned above;
(j) non-commercial pecuniary losses;
k) Other pecuniary losses.